The cryptocurrency market reached historic levels last night as Bitcoin (BTC) price surged to $122,000 and Ethereum (ETH) climbed above $4,300. This bullish move pushed the total crypto market capitalization beyond $4 trillion for the first time, according to CoinMarketCap.
🔹 Bitcoin (BTC) Price Update
• BTC tested $122K in overnight trading, approaching a potential new all-time high.
• Bullish momentum fueled by institutional buying and ETF inflows.
• Traders now eye the $125K resistance as the next target.
🔹 Ethereum (ETH) Price Update
• ETH broke above $4,300, supported by strong demand from DeFi and NFT sectors.
• Upcoming Ethereum network upgrades and Layer 2 adoption add to bullish sentiment.
🔹 Overall Market Impact
• Crypto market cap hits $4 trillion milestone.
• Altcoins rally alongside BTC and ETH, with several posting double-digit gains.
• Market sentiment index moves deeper into "Greed" territory.
💬 Discussion:
Do you think Bitcoin will break $125K and Ethereum will push toward $4,500 in the coming days? Or is this rally due for a pullback?
Share your market analysis, charts, and predictions below.
Wild move. I'm leaning bullish into $125k test as long as funding/OI don't go turbo and $118–119k holds on dips. For ETH, watching $4,150–4,200 as key support; reclaim of $4,350–4,400 probably sends it at $4.5k. ETF inflows still strong - just don't want to see DXY rip or perp funding spike.